Gates Senior Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,187,311 | 4,311,771 | −124,460 | -2.5 | 45% |
| 2021 | 4,526,482 | 4,090,093 | 436,389 | -1.1 | 45% |
| 2022 | 4,500,506 | 4,475,202 | 25,304 | -1.5 | 48% |
| 2023 | 4,243,491 | 4,733,213 | −489,722 | -2.6 | 46% |
In its most recent public year (2023), this organization spent $489,722 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.6 months). Staff pay was 46% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works